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US UPS pressure on Tencent
Tencent Makes Biggest Buyback Since 2006 After Addition to Pentagon List
China’s largest public company by market capitalization spent the equivalent of about $193 million to buy back 3.93 million shares on Tuesday.
The US just added Tencent — which backs US startups — to its list of ‘Chinese military’ companies
While the Chinese internet giant Tencent is best known for its super app WeChat, it’s also a major investor in U.S. tech companies and startups. Some of
Tencent Branded a Chinese Military Company by US Government
Tencent Holdings Limited, the parent company of Tencent Games, is now considered a Chinese military company by the United States government.
23h
on MSN
U.S. Defense Department says Tencent and other Chinese companies have ties to China's military
The U.S. Defense Department has added dozens of Chinese companies, including games and technology company Tencent, artificial ...
1d
Tencent Shares Slide After Pentagon Blacklists Chinese Tech Giant
Chinese internet giant Tencent’s shares slumped sharply on Tuesday after the company was added to a Pentagon blacklist for ...
6h
on MSN
Tencent makes $193 million share buyback after US blacklist inclusion triggered sell-off
Tencent executed its largest share buyback since 2006, acquiring HK$1.5 billion worth of shares to counter the fallout from a ...
Rock Paper Shotgun
3h
World's biggest game publisher Tencent threaten to sue US government for listing them as a Chinese military company
Yesterday, we reported that the US federal government had placed Chinese video game publisher Tencent - owner of ...
23h
on MSN
Pentagon blacklists Tencent, largest Chinese EV battery maker
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the ...
44m
Alibaba revamps gift-giving feature on Taobao marketplace to fend off Tencent competition
After placing an order, the buyer sends a virtual gift card with passcode to the recipient, who has to claim the goods within 24 hours.
10h
on MSN
Tencent’s placement on US military list casts shadow over Prosus, Naspers
However, a presence on the CMC list has no legal ramifications according to analysts and a spokesperson for Tencent said ...
1d
on MSN
Tencent loses billions in market value after the U.S. accuses the video game giant of links to China’s military
The Department of Defense accused Tencent and EV battery giant CATL of having ties to China's military. Tencent calls the ...
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